Today, we wrap up our mini-series on divergences among the Dow Jones indices. In previous installments, we learned that large negative divergences on the part…
Tagged Industrials
Dow Divergences Part 2: Utilities
This is part 2 of our series (or mini-series…TBD) on divergences. As we stated yesterday, divergences (in which one index achieves a new high whereas…
Dow Divergences Part 1: Transports
Divergences are one of the most oft-cited arguments in calling tops. They are also perhaps the least accurate. That’s because divergences (whereby one index reaches…
Off The Charts: GE threatening to break colossal resistance We don’t cover individual stocks too often. But given its status as perhaps a “bell-weather” stock,…
Are Lagging Transports a Sign of Trouble?
The Dow Theory has been covered ad nauseum by others in recent weeks and months. Of course, the Theory is based on the confirmation (or…